801 Foundry LnNevadaTX75173
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Nevada at 801 Foundry Ln, Nevada, TX, 75173 priced at $352,965 pairs $3,466/mo rent with $910/mo cash flow after a $1,728/mo payment. Total monthly income equals $3,466/mo, and annual cash flow comes to $10,917/yr on $117,008 invested. Return on cash invested is 29.24% in year one, and rental yield stands at 11.78% on a $352,965 basis. Equity gained on principal adds $2,278/yr, and 5% annual appreciation accumulates to $97,518 by year five. Five-year ROI measures 154.25% and total cumulative return in cash reaches $180,489. For financing, Ziffy Mortgage’s DSCR program evaluates $3,466/mo property income against a $1,728/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
9,888 sqft lot
$N/A/sqft
$275 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75173, Nevada, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,511 (100%) |
| Owner Occupied HU | 3,108 (88.5%) |
| Renter Occupied HU | 240 ( 6.8%) |
| Vacant Housing Units | 163 ( 4.6%) |
| Median Home Value | $392,701 |
| Average Home Value | $427,702 |
Housing Distribution
Address Breakdown
Residential
3,142
Single Family
3,141
Multi-Family
1
Businesses
103
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Listed by: Bryan Reasor • Jeanette Anderson Real Estate
Mls Name: NTREIS
Mls ID: #20624395
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.